Surrey, BC –The Surrey Board of Trade has partnered with the Canadian Chamber of Commerce and the Forum for International Trade Training (FITT to deliver the Incoterms® 2020 in-person training to businesses across the Lower Mainland in advance of the new import/export standards coming into effect in January 2020. The first training session will take place on December 5, 2019 from 8:30 a.m. to 3:30 p.m. at the Surrey Board of Trade.

What are Incoterms® rules?
Revised by the International Chamber of Commerce every 10 years, Incoterms® are an essential part of the language used by buyers and sellers in international trade. These trade terms are incorporated in contracts for the sale of goods worldwide and define the costs, risks and obligations in international trade transactions to importers, exporters, transporters, customs brokers, lawyers and students of international trade. An improper use of Incoterms® can be costly to businesses.

“The Incoterms® 2020 course offered by the Surrey Board of Trade, the Canadian Chamber of Commerce, and FITT will be the only in-class training in Canada that is officially recognized by the International Chamber of Commerce,” said Anita Huberman, CEO, Surrey Board of Trade.

Companies should consider participating in this training if they are from the following industries:

· Determine the obligations, risks and costs for both sellers and buyers

· Avoid common errors when using Incoterms

· Use Incoterms to the company’s advantage

This professional training is excellent for beginners and will also serve as an in-depth refresher with important updates for experienced professionals. The workshop price includes all participant reference materials and an ICC Incoterms® 2020 e-book (containing a complete set of updated rules).